Facebook has spent two years lurching from scandal to scandal, but the markets aren't worried.
The social network has faced constant scandals, but they haven't really dented its bottom line.
The broadly positive sentiment from analysts highlights how Facebook's two years of constant scandals have done little to affect the company's meteoric growth and power, even as it is implicated in everything from the spread of hate speech that fueled genocide in Myanmar to numerous privacy lapses. Wall Street is expecting Facebook to post Q2 revenues of around $16.49 billion, up 25% year-over-year, according to consensus estimates compiled by Bloomberg, with earnings per share of $1.88.
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